LJUBLJANA (Slovenia), April 19 (SeeNews) – Slovenian energy company Petrol [LJE:PETG] said it will distribute a gross dividend of 18.0 euro ($20.3) per share for 2018, up from 16.0 euro it paid for 2017.
Petrol will distribute as dividend 37.6 million euro from its profit for appropriation which amounted to 49.8 million euro as of December 31, 2018, the company said in a statement filed with the Ljubljana bourse late on Thursday following a general shareholders meeting.
The remaining amount of 12.2 million euro will be transferred to profit reserves.
In March, Petrol said its consolidated net profit increased 13% year-on-year to 91.8 million euro in 2018.
($ = 0.88815 euro)